Index Trend Analysis Report
Prepared for you on Tuesday, February 7, 2023.
NASDAQ Composite (NASDAQ:COMP)
Strong Uptrend (+100) - COMP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, COMP continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid COMP?
MarketClub looks at technical strength and momentum to determine if the timing is right for COMP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for COMP
The long-term trend has been UP since Jan 27th, 2023 at 11571.64
The intermediate-term trend has been UP since Jan 9th, 2023 at 10753.57
The short-term trend has been UP since Jan 23rd, 2023 at 11223.41
Smart Scan Analysis for COMP
Based on our trend formula, COMP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||8133.3||52wk High Date||2018-08-30|
|52wk Low||6630.67||52wk Low Date||2018-02-09|